Overview: In January 2021 Jacksonville, FL exported $367M and imported $1.57B, resulting in a negative trade balance of $1.2B. Between January 2020 and January 2021 the exports of Jacksonville, FL have decreased by $-46.8M (-11.3%) from $414M to $367M, while imports increased by $12M (0.77%) from $1.56B to $1.57B.
Trade: In January 2021, the top exports of Jacksonville, FL were Crude Petroleum ($4.06B), Refined Petroleum ($3.39B), Petroleum Gas ($2.86B), Commodities not elsewhere specified ($2.51B), and Soybeans ($2.1B). In January 2021 the top imports of Jacksonville, FL were Computers ($3.02B), Cars ($2.77B), Cars ($2.56B), Telephones ($2.28B), and Cars ($1.82B).
Destinations: In January 2021, Jacksonville, FL exported mostly to Brazil ($109M), Argentina ($25M), Saudi Arabia ($23M), Kuwait ($22.7M), and Nigeria ($14M), and imported mostly from Japan ($551M), Mexico ($198M), China ($171M), Germany ($109M), and Vietnam ($78.4M).
Growth: In January 2021, the decrease in Jacksonville, FL's year-by-year exports was explained primarily by an decrease in exports to Canada ($-604M or -22.6%), Netherlands ($-456M or -44.1%), and Mexico ($-453M or -5.04%), and product exports decrease in Crude Petroleum ($-1.53B or -27.3%), Refined Petroleum ($-882M or -53.2%), and Refined Petroleum ($-668M or -16.5%). In January 2021, the increase in Jacksonville, FL's year-by-year imports was explained primarily by an increase in imports from China ($1.85B or 59%), China ($1.79B or 20.1%), and Switzerland ($851M or 229%), and product imports increase in Computers ($1.32B or 78.1%), Other Precious Metal Products ($851M or 2.19k%), and Computers ($792M or 126%).